Leading with Power & Purpose
119. Women & Wealth: Strategies for Financial Freedom and Empowerment
Jun 05, 2024
Season 5
Episode 119
Sabine Gedeon
What role are your childhood experiences with money playing in your current financial identity? Did you learn the value of a dollar or the weight of financial stress? Understanding this hidden influence can be the key to unlocking healthier spending habits and financial freedom.
In this week's episode of Power, Purpose & Prosperity, host Sabine Gedeon speaks with Christine Beese, CEO of Untangle Money, about the challenges women face in financial literacy and decision-making. Christine went from dropping out of high school to pursue an athletic career, to successfully building a career within the Financial Services sector.
Listen in as we explore the systemic barriers and the emotional aspects of money, along with the need to align spending with personal joy.
Key Takeaways:
- The importance of addressing financial anxiety, particularly among women
- The emotional and psychological aspects of wealth and money management
- The societal messaging around money and differences in financial literacy between men and women
- The impact of gender bias in economic theory and the need to empower women in making financial decisions
What You Will Learn in This Episode:
- (02:17) Christine shares her unconventional career path, from dropping out of high school to becoming an engineer and later transitioning into finance.
- (05:48) Christine talks about starting Untangle Money in May 2020 and the challenges of balancing work and family life.
- (11:17) The challenges women face in male-dominated industries, including imposter syndrome and the impact of caregiving responsibilities.
- (15:56) Christine offers advice and support for women experiencing challenges in the corporate environment, emphasizing the importance of self-validation and seeking small ways to make progress.
- (21:46) The significance of planning, mental health care, and finding supportive communities in personal and financial growth.
- (25:25) Exploration of healing from traumatic experiences related to money, self-worth, and the impact of upbringing on financial beliefs.
- (29:37) Insights on generational wealth, financial literacy differences between men and women, and the impact of societal messaging on financial behaviors.
- (35:14) Discussion on the emotional attachment to money, finding joy in spending, and the holistic nature of wealth.
- (43:59) Overcoming perfectionism and embracing mistakes as valuable lessons and not to strive for perfection.
Connect with Kristine
Book Recommendations:
- Invisible Women: Data Bias in a World Designed for Men
- Who Cooked Adam Smith's Dinner?
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HOST INFO:
Sabine Gedeon is a dynamic force in the world of leadership and personal development. As the Founder of Transformed Leadership Institute and CEO of Gedeon Enterprises, Sabine leverages nearly 20 years of experience to guide clients in both startups and Fortune 500 companies. Her unique approach combines human-centered principles with tech-enabled solutions, delivering customized programs for leaders at all levels to tackle crucial leadership and talent development challenges.
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ADDITIONAL SUPPORT:
Download Free Resources - https://sabinegedeon/gifts
Get Coaching Support: https://meetwithsabine.as.me/Discovery